Managers of Wealth Offshore

Denmark charges two UK nationals over $1.6bn tax fraud

Move is part of sprawling European investigation into share trading dividend scam

Brad Adderley Joins Bermuda's Risk Transfer Hall Of Fame

The Hall of Fame has commemorated executives who have retired or passed away, as well as those who are still working.

CP86 2.0 and the Role of the Third Party Management Company

The CBI has indicated that follow ups with firms where shortcomings were identified will be conducted and that industry-wide reviews of CP86 adherence will be ongoing.

The Job Of Tomorrow

Some jobs will disappear and others will emerge as the world faces a dual disruption

Appleby Acts as Cayman Counsel to Datang Group Holdings Limited

The Appleby team was led by Asia Group Head and Partner Judy Lee and Partner Chris Cheng with assistance from Legal Manager Kaile Yang.

More travelers look to second passports, dual citizenship to skirt pandemic restrictions

Second passports and dual citizenships have long been a hallmark of ultra-high net-worth individuals

Cayman Islands Sanctions Update Post Brexit

All Cayman Islands persons or entities are subject to applicable Cayman Islands sanctions legislation.

BMA cancels registration for Economic Risk Insurance

Once the enforcement action was initiated, the statutory process was followed, culminating in a 10- day appeal period, which expired on December 24, 2020.

BVI Update: "Black Swan" Legislation Passed

Walkers are instructing Richard Morgan QC and Andrew McLeod of Maitland Chambers.

Malta on track to avoid grey listing – Robert Abela

On Sunday Abela said the government had been working tirelessly to rectify the situation.

Cayman faces new EU blacklisting

CNS contacted the Cayman Islands Ministry of Financial Services about the latest threat and officials said that the Cayman government will continue engaging with the EU on the issue this year, albeit given the limitations on travel.

Jamaica: BOJ imposing stronger capital, liquidity requirements on banking sector

Central bank invites comments on proposed change

Satabank ‘blindly’ took on client portfolio without knowing risks

FIAU report finds bank did not always get to pick its own customers

BMA imposes $400,000 of penalties on two life insurance companies

"The breaches came to light during an on-site review of the companies’ activities conducted by the AML/ATF unit of the Authority in November 2018."

The Corporate Transparency Act in 2020: A new US federal reporting requirement for beneficial owners of US entities

These rules reflect a growing international trend to require disclosure of beneficial ownership and creates compliance similar to many other countries, including but not limited to Bahamas and Bermuda, for example.

myRegistry update and Registry opening times

Whilst we continue to carry out these final preparations, our Registry will be closed.

A new momentum for ESG in Asia

Sustainable investment has actually been around for a long time, particularly in the guise of socially responsible investing.

The ESG conversation in Hong Kong

The interest in ESG is now a truly global one.

Environmentalists discourage use of Chinese lanterns

The lanterns, she said, can glide in the sky for miles, “placing them in the pelagic feeding grounds of aquatic animals who can eat or become entangled in their remains”.

Harneys closes 2020 with three additional IPOs

Netjoy is a China-based digital marketing and advertising service provider

Regulation, Risk & Compliance